News
Economy Watch: Fed Chair Says Rates Will Go Up (Eventually)
Speaking before Congress, Janet Yellen said it would be “unwise” to wait too long to raise interest rates, but didn’t suggest any timeline for the next rate hike.
Sunstone Sells Orange County Hotel for $125M
Renamed The Duke Hotel Newport Beach, the 444-key asset comprises 10 floors, 411 rooms and 33 suites.
CBRE Acquires Capstone Financial Solutions
The firm, which has been rebranded, is led by Jon Faulkenberg and Shawn Givens.
Moinian Launches New Lending Arm
The platform will offer a variety of debt products for large institutional assets across several property sectors.
The Meridian Group Invests Heavily in DC
The firm expects to acquire properties totaling $1.5 billion for its new fund over the next several years.
Yardi Matrix: Miami’s Rising Tide
The metro remains as trendy as ever, but are developers building too much too fast? And is the incoming foreign capital here to stay?
Indian Manufacturer Plans US Debut
Sundaram-Clayton Ltd. intends to invest $50 million in a Dorchester County, S.C., facility.
Bell Works to Receive US’s Largest PV Glass Skylight
The installation will naturally illuminate the historic complex while generating free, clean solar energy.
Second Phase of The Highlands Receives Green Light
The Highlands was the original name of the Albuquerque neighborhood in 1886.
JLL Wraps Up Lease Renewal at Two Urban Centre in Tampa
Currently 90 percent leased, the property is one of Tampa’s most sought-after office buildings.